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Shiba Inu and Dogecoin Price Prediction: ChatGPT Forecasts Massive Gains For Both

Release: 2024/02/17 17:00 Reading: 905

Original author:CoinPedia News

Original source:https://coinmarketcap.com/community/articles/65d0731406890777385a45bf

The post Shiba Inu and Dogecoin Price Prediction: ChatGPT Forecasts Massive Gains For Both appeared first on Coinpedia Fintech News

Amidst the incredibly bullish market cycle, the altcoins are heading for lost levels of 2021 with the increased momentum. With breakout events in the daily chart and the growing demand and volumes, the meme coins are preparing for a strong run. 

Further, the top meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) are signaling a potential bullish outbreak. However, known for their volatile and sharp moves, we asked ChatGPT to analyze the chart and predict the upcoming massive gains in them. 

ChatGPT Predicts A Superb Rally In Shiba Inu

Source: Tradingview

Currently, the SHIB price is trading at $0.0000097 with a bullish breakout rally of a falling wedge pattern in the daily chart. The bull run reclaims the 38.20% Fibonacci level and aims to head higher. 

ChatGPT Predicts Shiba Inu Reaching $0.000038 

ChatGPT forecasts a Shiba (SHIB) Inu Price Prediction moving toward specific higher levels like $0.00002041 in early 2024, $0.00002967 mid-2024 following Bitcoin’s influence, and potentially $0.00003893 after Bitcoin’s halving event, with an outlook extending into 2025.

DOGE

Source: Tradingview

Currently, the DOGE price is trading at $0.085, with a bullish reversal sprouting in the weekly chart. With a weekly return of 4.17%, Dogecoin is teasing a double-bottom bullish reversal and eyes a trend reversal. 

ChatGPT Expects Dogecoin Reaching $0.50

According to ChatGPT, the bulls might be less active this season as it predicts the meme coin will reach $0.5204. 

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